Stellar Price Struggles Near $0.18 as Buyers Eye Breakout Above $0.29
The Stellar price has been hovering near $0.177918, down about 2.30% from its current value. This comes after a failed move above $0.25, which weakened the latest recovery attempt.
For XLM to reclaim lost levels and challenge $0.29, buyers need to show stronger demand and rising network activity.
The first resistance level for Stellar sits near $0.191017 and $0.20. A daily close above this area would be a sign of improved buying pressure.
If XLM fails to recover, support levels sit at $0.170 and $0.160. A deeper decline could place $0.150 back in focus.